• Deferred Compensation/December 31, 2005 Deadlines Under Section 409A
  • April 4, 2006
  • Law Firm: Paul, Weiss, Rifkind, Wharton & Garrison LLP - New York Office
  • Hedge funds and other employers which sponsor deferred compensation (or deferred fee) arrangements know that Internal Revenue Code section 409A has radically changed all the rules, starting in 2005. Failure to comply can accelerate tax and add a 20% penalty on top of regular tax, so timely compliance is critical.